October 14, 2014

Cornell Payments to TCAT Will Increase by $1.125 Million

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Correction appended; Updated Wednesday with additional information

Cornell will increase its payment to the Tompkins Consolidated Area Transit by $1.125 million over the next three years, President David Skorton said in a letter to TCAT released Monday.

The announcement follows months of student activism in support of TCAT and comes as a compromise after Skorton said in May that Cornell could not subsidize TCAT further to address its $740,000 deficit.

Annual payments to TCAT after fiscal year 2018 will be determined by a memorandum of understanding, according to President David Skorton. (Michelle Feldman / Sun Senior Editor)